The American political system has rarely been successful at fostering a third party. In recent history, voters in the ballot booths have mainly conformed to one of two parties: Democrat or Republican. But by 2012, the U.S. may see a centrist third political party, thanks to an Internet-based movement called Americans Elect, which is helmed by Democrats, Republicans and independents who are frustrated with the current two-party system.

For more on the emerging party's plans, goals and achievements, we speak with Kahlil Byrd, CEO of Americans Elect.